Elon Musk’s X is hemorrhaging users to Threads and Bluesky. Welcome to the era of social media fragmentation

The deluge of goodbye messages from people leaving X began shortly after Donald Trump’s election victory last week. In explaining their decision, many in the exodus cited the same thing: The huge support Elon Musk, the social media service’s owner, gave the Republican candidate during the campaign and the increasing nastiness on his site. Jody … Read more

‘If you make Bengaluru your home…’: Zoho CEO Sridhar Vembu wades into language debate, divides netizens

Zoho CEO Sridhar Vembu waded into the language debate that has gripped the state of Karnataka over the past few months. Vembu on Friday shared his take on the issue and said that if one chooses to become a permanent resident of Bengaluru, then they and their kids should make the effort of learning Kannada.  … Read more

Asian Stocks Gain on China Recovery, Weaker Dollar: Markets Wrap

(Bloomberg) — Asian equities climbed, aided by some encouraging signs in China’s economy and a retreat in the dollar. Most Read from Bloomberg Shares in Hong Kong and Australia advanced following data that showed China recorded the highest retail sales growth in eight months and property prices fell at a slower pace. Japanese benchmarks gained … Read more

Defense, government contractor stocks shot down on sudden worries over Trump Pentagon

Nov. 14, 2024 6:50 PM ETGeneral Dynamics Corporation (GD) Stock, LMT StockPPA, NOC, TDG, KBR, MMS, ITA, J, CACI, BAH, HII, XAR, LDOS, SAIC, DFEN, FITE, PSN, LHX, RTX, SHLD, AMTMBy: Carl Surran, SA News Editor Elen11 Defense stocks ranked among Thursday’s biggest losers, as investors begin to worry about potential changes to the Department … Read more

Person in bear costume damaged luxury cars, insurers say

Check out what’s clicking on FoxBusiness.com. Four Los Angeles residents stand accused of defrauding insurance companies when they claimed a bear broke into their luxury cars and damaged vehicles, but investigators determined the wild animal was a human in costume.  In what was aptly dubbed “Operation Bear Claw,” the California Insurance Department said Ruben Tamrazian, … Read more

China’s new home prices post steepest annual decline in nine years By Reuters

By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s new home prices in October fell the most year-on-year since 2015, official data showed on Friday, suggesting a barrage of support measures to stabilise the crisis-hit property sector has had little impact so far. In annual terms, new home prices slid 5.9% in October, in their … Read more

‘I am sorry, I have not changed my view…’: Narayana Murthy calls India’s transition to 5-day workweek disappointing

Infosys co-founder Narayana Murthy isn’t mincing words when it comes to his views on work-life balance. Known for his unapologetic stance, Murthy has doubled down, declaring he’s “disappointed” with India’s shift from a six-day workweek to five back in 1986.  “I am sorry, I have not changed my view. I will take this with me … Read more

Tesla, Rivian Drop on Report Trump Wants to End EV Credit

(Bloomberg) — US auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption. Most Read from Bloomberg Trump’s transition team has been discussing ending the $7,500 subsidy as part of a broader tax-reform effort, Reuters said, citing unidentified sources … Read more